A few problems here. For one, these aren't pictograms. They're Chinese characters, and they're a fully fledged writing system by the time they were using these tortoise plastrons for divination. You can't try to interpret them like pictograms (men standing on land, "I think mountain fits better," etc.). If 火 is what's written (and it is), it doesn't make sense to call it 山. The two forms are quite distinct. Also, in this context, "mountain" wouldn't really make sense. "Men standing on land" is 並, meaning together with, or perhaps in this context "next to/near."
Another issue is that you can't really read this stuff without a lot of specialized knowledge. The best you can do is read what actual specialists say about it. I can read most of the characters, but I'm not an oracle bone script specialist by any means. These inscriptions have their own grammar, they're highly formalized because they're used for divination, and a correct interpretation requires a massive amount of knowledge about Shang culture, astronomy and how the Shang talked about it, etc. The best I can do is read what actual specialists say, keeping in mind what each scholar's particular strengths and weaknesses are, and try to arrive at an interpretation that seems reasonable.
And related to that issue is the fact that this particular inscription is quite controversial. There seem to be a lot of different interpretations out there, and I can't really hope to add anything meaningful to the discussion because this isn't my specialty.
Another issue is that two people may read it the same way but transcribe it differently. There are a lot of different ways to transcribe this stuff. Do you stay as close as possible to the form of the original? Do you transcribe it using modern characters? The character that looks like three circles is 晶, but 晶 is the original form of 星, so which should I transcribe it with? Some scholars prefer one, some prefer the other, and some will write 晶（星）, and any of those three ways would be fine, but to a layman they may seem completely different.
And just keep in mind that things aren't nearly as cut and dry when reading these texts as we're used to them being in modern writing. Part of that is due to the limited evidence we have available, part of it is due to differences in thinking, and part is due to the fact that many texts (including this one) are fragments.
With all those things in mind, here's what I think is the most likely transcription, using modern characters.
Not sure what the character I transcribed with a question mark is. One interpretation I saw is that it means 曀, or cloudy skies. That makes sense in context, but I'm not sure.
On the seventh day, 己已, in the evening (it was cloudy), there was a large new star near Antares (or Mars?). Something about calamity and bringing hardship (not really sure how to read this phrase)....Inauspicious.
Don't quote me on that though! That's just the best I'm able to do with my limited knowledge and time. Much better would be to read the published research (most of which will be in Chinese, of course) on this particular inscription.