OpenGL: ~~ERROR~~ RuntimeException: No OpenGL context found in the current thread. That looks intresting EDIT: oh wait org.lwjgl.LWJGLException: Pixel format not accelerated Now that Ive seen before. It is caused by outdated video card drivers. Update IT
This page on Minecraft.net is saying the same thing; I would try updating my video card drivers. Also, next time, try googling the error instead of immediately posting to the forums. The article I linked was the first result.