God has approached Abram and told him to travel to Canaan. Abram decided to bring his wife Sarai and Lot.
Traveling to Bethel
Upon arrival, Abram asks his wife to pretend she is his sister so that they do not attack him for a chance to be with her. She reluctantly agreed and shortly after they arrived in Egypt.
Keep my covenant and you shall be called Sarah and Abraham from now on.
The Pharaoh takes Sarai into his house but god put a plague on his house because Sarai is Abram's wife. Pharaoh is now confronting Abram about this and is annoyed at the inconvenience this has caused.
The Ultimate Sacrifice
Father I see the wood and the fire but where is the sheep for the offering?
While traveling to Bethel, both Lot and Abram had flocks that could not be fed if they traveled the same path. Abram let Lot choose which side he wanted to traverse and Lot chose to take the Jordan Plain.
I choose the Jordan Plain for it is well watered
God explains the covenant by flesh to Abram and Sarai and explains that their new names are Sarah and Abraham. He explains how he will share his blessings with them if they follow his command.
Abraham shows his unlimited devotion towards god by proceeding to sacrifice his own son in god's name. God of course stops him but is now convinced of Abraham's loyalty.