OBS isn't able to find a GPU. This might be the result of not installing the proper GPU drivers, or the GPU not being supported, because it is too old.
Given the age of the CPU in your log (Intel(R) Pentium(R) Dual CPU E2200 @ 2.20GHz), I assume it is the latter.
Don't spend time into trying to make this work. The CPU is not powerful enough to support any kind of useful recording or streaming anyway. You might be able to record Office applications with mostly still images, but recording movie-like footage as capturing a game will not work properly.