I know what my emergency procedures are, I was stating that IF you catch on fire and you dive fast enough they teach you that you CAN get it out. Usually an emergency (spiral descent) will get you on the ground fastest,but you dont shed a wing or suddenly explode. They have the game modeled to where you burn for about 6 seconds, and then you explode or shed a wing. Usually in the instance of an engine fire it is an oil fire, and is catastrophic but not usually explosive.
I think you are unintentionally putting out incorrect information. If your CFI trained you to dive to put out a fire, he needs to be retrained. In single engine aircraft Engine fires were caused by fuel 99% of the time. Oil creates a lot of smoke, but the flash point for oil is so high that it seldom results in flames. The reason the FAA has flight instructors teach you how to put the aircraft down fast and get out of the aircraft is not an attempt to try to blow the fire out. Cutting the full supply generally does that.
The reason is the cabin fills with smoke. You can try to open the doors, windows, it all does no good. You end up flying blind and passing out. The procedure you follow is to get you on the ground ASAP and out of the aircraft. The procedure is taught using Va because at that airspeed If you make uncoordinated control movements the worst thing that will happen is you stall the wing and can recover the aircraft before any structural damage can occur.
If your CFI left you with an impression that you put out an engine by diving at a high rate of speed, he did you a disservice. In a single engine aircraft the only procedure that the FAA wants you to follow is to cut off that fuel, get it on the ground and get away from the aircraft.
A while back 4 to 6 months ago, a Beach Mix Master B37 made a high speed pass at KBLM to impress some friends that had come down to the airfield to watch this clown. At the end of his high speed pass down the runway about 25 feet altitude AGL he pulled the nose up and rolled the aircraft 60 degrees to the left. It was at this point that everyone watching heard the “SNAP” The aircraft continued to roll to 180 degreed as parts of the airframe fell off , it then descended and struck the runway and exploded.